Thousands of items sold by Ritchie Bros. at auction

In a two-day auction this month Ritchie Bros. sold $45+ million of equipment and trucks at its unreserved public auction in Houston, Texas.

The auction took place Aug. 26-27 where more than 3,875 items were sold including 285+ truck tractors, 160 frac tanks, 110 excavators, 55+ loader backhoes, 25+ crawler tractors, 55+ flatbed trucks, 25+ dump trucks, 25 cranes, and more.

The auction attracted 4,125+ bidders from 53 countries, including 2,500+ online bidders. Bids were made in person, online and by proxy, said Alan McVicker, regional sales manager, Ritchie Bros. Auctioneers.

"With great participation both onsite and online, we achieved strong and steady prices on construction and transportation equipment in this week's auction," McVicker said. "In particular, there were more than 50 specialized LNG truck tractors and a portable LNG refueling station that sold very well. These assets have a limited market and we once again showcased our ability to reach the right buyers to achieve great returns for consignors of specialized assets."

Buyers from outside Texas purchased $24+ million (53 percebt) of equipment and trucks, with equipment sold to buyers from as far away as Venezuela, Spain, and India. Online bidders purchased $21+ million (48 percent) of the equipment in the auction.

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Ritchie Bros. Auctioneers

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